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Thursday, December 04, 2014

NSW moves ahead of the pack - November percentiles

By Augusto Semmelroth  |  Source: MLA's NLRS

NSW lamb markets hit a bottom in late October and have been posting a gradual recovery since. Trade and heavy lambs have now moved back to their 82-83rd percentiles and are sitting at a 20-35¢ premium to their VIC/SA counterparts. Cattle markets, on the other hand, faced some strong downward pressure in November to see cows and heavy steers down to their 66th and 42nd percentiles, respectively.

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Mecardo information is provided to assist in your marketing decisions. It contains a range of data and views on the current market. It is not intended to constitute advice for a specific purpose. Before taking any action in relation to information contained within this report, you should seek advice from a qualified professional. The information is obtained from a variety of sources and neither Mecardo nor Ag Concepts Advisory will be held liable for any loss or damage whatsoever that may arise from the use of information or for any error or mis-statement contained in this report. 

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